Chevy is bringing back the beloved affordable electric hatch. The new Chevy Bolt EV is expected to arrive later this year, featuring over 300 miles of driving range, faster charging, and more.
When will Chevy launch the new Bolt EV?
Many were sad to hear that GM was ending production of the iconic electric hatch in late 2023, but CEO Mary Barra promised a new Bolt EV was on the way.
Barra claimed the updated model would offer “an even better driving, charging, and ownership experience.” It will be based on GM’s Ultium platform, which powers current Chevy, Cadillac, GMC, and Honda electric vehicles sold in the US.
The platform will offer significantly longer driving range and faster charging speeds than the outgoing Bolt. GM also said it will use LFP batteries to lower costs.
Although LFP batteries typically offer less range compared to NMC, the new Chevy Bolt EV is expected to arrive with over 300 miles of driving range. Given that the Chevy Silverado EV WT offers up to 492 miles of EPA-estimated range, 300 miles for the Bolt EV shouldn’t be too hard, even with LFP batteries.
GM’s president, Mark Reuss, confirmed the new model will be a part of a “family of Bolts,” which will include an even more affordable variant.
After announcing plans to invest $4 billion in ramping up US production last month, GM said a new “next-gen affordable EV” was in development. It will be built in Kansas, alongside the new Chevy Bolt EV. Whether this model is part of the family of Bolt’s or not remains unclear.
With an official debut expected later this year, we’ve seen the new Bolt out for testing. Although it keeps the overall feel of the outgoing Bolt, it appears to have a more crossover-SUV look, similar to the Trax.
According to Edmunds, GM’s Super Cruise hands-free highway tech will be available on the upcoming Bolt EV. In the previous generation, it was only offered on the bigger EUV model.
With some GM electric vehicles now arriving with a built-in NACS port for Tesla Supercharger access, the new Bolt will likely also feature it.
GM is set to begin production later this year, with the new Chevy Bolt EV expected to be available in mid-2026. Prices and final specs will come closer to launch, but the first model from the Bolt EV family is likely to start at a slightly higher price than the $28,785 MSRP of the outgoing model, given the upgrades.
Meanwhile, Chevy already has an affordable model that’s helped it become the fastest-growing EV brand in the US. The Chevy Equinox EV, or “America’s most affordable 315+ range EV,” as GM likes to call it, starts at under $35,000. With the $7,500 EV tax credit, the price of the base LT model drops to just $27,495.
With leases starting at just $289 per month, it’s no wonder the electric SUV is selling like hotcakes. GM expects the Chevy Equinox EV to be among the top-three-selling EVs by the end of 2025.
Ready to test one out for yourself? We’ve got you covered. You can use our link to find deals on the Chevy Equinox EV at a dealer near you (trusted affiliate link).
FTC: We use income earning auto affiliate links. More.
